FX Markets - May 2021
See below for a full listing of the articles in the May 2021 issue of FX Markets, or click here to download the PDF.
Articles in this issue
Shining a light on FX algo disclosures
FX Markets' new algo database will enable readers to compare offerings from the major providers
GFXC launches public consultation on code review
Comment sought on proposed guidance setting out new disclosure expectations
HKMA and BoJ launch new securities settlement framework
New “delivery versus payment link” aims to reduce settlement risk
Drax commits to ESG-linked FX derivative targets with UK banks
Renewable energy supplier applies long-term ESG KPIs to short-term FX trades with Barclays and NatWest
BoE and Treasury launch CBDC task force
Central bank also forms new division to lead “internal exploration” of digital currency
Is ‘retail’ FX flow becoming more challenging?
With retail flow on the up, there is a need to capture and grow into the new opportunities being presented. Finalto is doing just that with its expertise and innovative, flexible offerings
Flexi forwards see rise in corporate interest post-Covid
Treasurers seek flexibility in cashflow hedging as pandemic-related supply chain disruptions bite
‘Crypto Dad’ Giancarlo says DLT could have aided in Archegos
Former CFTC chair says managing collateral by distributed ledger technology would enable better oversight of risks
Simm template to be expanded for SA-CCR and FRTB
Crif-plus will capture risk exposures for all instruments, boosting optimisation potential
BIS to operate sterling liquidity facility backed by BoE
Move echoes twentieth-century arrangements when BIS acted as intermediary in swaps network
Bloomberg’s new data retention policy vexes buy-side firms
Impacted users will have to pay extra to retain communications data for longer than two years
The global FX code – Digging deeper on ‘last look’
The global FX code has – at a top level – succeeded in improving the quality of the eFX market in recent years. A set of common principles has been laid down and received well but, with a public consultation that could result in further reform, Richard…
ECB’s digital euro consultation reveals public’s privacy fears
Nearly half of responses to ECB come from Germany
Algos on parade: how top FX algo providers stack up
New FX Markets algo database shows differences across internalisation, analytics and client data handling
FX industry shows little appetite for single API
Market players sceptical over need for standard programming code to connect clients with services
Esma plan ‘won’t help’ fix Mifid swaps data problem
Dealers say proposal to force disclosure of all big-bank OTC derivatives trades won’t improve data
Invesco bets on new tech to refine its FX trading
Home-grown tool will improve order routing and execution strategies, asset manager believes
Franklin Templeton and Citi top for FX options
Counterparty Radar: Data shows US bank as top dealer for mutual funds in Q3 and Q4, while Californian manager is biggest user
Price limits in FX algos: fill your boots
Do limits affect performance? Double machine learning helps answer the question, says BestX quant
